Earnings release
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RNS Number : 2515YMotorpoint Group plc09 October 2026 9 October 2026 Motorpoint Group PLC ("Motorpoint", the "Company" or the "Group") Half Year Trading Update & Notice of Results Strong trading driven by strategic initiatives; advanced AI and digital capabilities underpin longterm prospects Underlying profit before taxation is expected to be up 81% on previous year Motorpoint Group PLC, a technology innovator in nationwide, omnichannel automotive retailing,provides an update on its trading performance for the six months ended 30 September 2026 ("H1FY27"). Highlights · Strong retail volume growth: Retail volume growth of 7.6% compared to H1 FY26,demonstrating continued outperformance against the wider used car market and the positiveimpact of the new Leeds store, which opened in early July · Technology strategy delivering: Motorpoint's technology-enabled operating platform, whichuses advanced AI, data and digital capabilities, continues to accelerate our volume growth andimproved profitability per unit· Profit growth: Underlying profit before taxation is expected to be c.£6.5m, up 81% (H1 FY26:£3.6m), reflecting volume growth, continued strong metal margins and disciplined cost control· Positive impact of capital light business model: Return on Capital Employed, based on thelast 12 months performance, is expected to be c.80%, up from 59% in preceding period,demonstrating the efficiency of the Group's capital light model· Confident in outlook: The Board remains confident in the outlook for FY27 and trading is in linewith the recently upgraded market consensus Sales and Profitability The positive momentum highlighted in the recent September Trading Update continued during theremainder of the month. The Group's technology-enabled operating platform, underpinned by sustainedinvestment in AI, data and digital capabilities together with new store growth, continues to supportimproved pricing, vehicle acquisition, customer demand generation, vehicle allocation and fulfilment,and business intelligence. This has helped Motorpoint deliver market share outperformance and recordmetal margins. Along with disciplined cost control, this has more than offset the impact of high interestrates and inflation. The Board remains confident in the outlook for FY27 and therefore continues to expect underlying profitbefore taxation for the full year to be in the range of £9.8m to £10.8m, in line with the recently upgradedmarket consensus. Notice of Results The Group expects to announce its Interim Results on 11 November 2026. Mark Carpenter, Chief Executive Officer of Motorpoint Group PLC commented: "Motorpoint has delivered another strong period of volume and profit growth. This is despite a backdropof consumer uncertainty fuelled by inflation, high interest rates and the impending Government budget.The investments made in technology have driven tangible operational and financial benefits, helping ussource the right vehicles and price them for optimised rate of sale, which results in consistently high
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metal margins. The competitive advantages resulting from this investment, along with strong financialperformance in the first half of FY27 gives us confidence in the Group's prospects for the remainder ofthe year and beyond." Enquiries: Motorpoint Group PLC Mark Carpenter, Chief Executive Officer Chris Morgan, Chief Financial Officer via Teneo Teneo James Macey-White Arthur Rogers 44 207 260 2700 Forward looking statements: The information in this release is based on management information.This report includes statements that are forward looking in nature. Forward looking statements involveknown and unknown risks, assumptions, uncertainties and other factors which may cause the actualresults, performance or achievements of the Group to be materially different from any future results,performance or achievements expressed or implied by such forward looking statements. Except asrequired by the Listing Rules and applicable law, the Company undertakes no obligation to update,revise or change any forward looking statements to reflect events or developments occurring after thedate of this report. Notes to editors Motorpoint Group PLC is a technology innovator in nationwide, omnichannel automotive retailing.Through its technology-enabled operating platform, the Group is focused on giving retail and tradecustomers the easiest, most affordable and seamless way of buying, selling and financing their caracross its digital and store channels. Through its leading B2C platform, Motorpoint.co.uk, and UKnetwork of 22 sales and collection stores, the Group provides an unrivalled offering, enabling consumersto effortlessly browse, buy or finance their next car and collect it the same day or from the mostconvenient location across the network. Motorpoint's purely online wholesale platformAuction4Cars.com sells vehicles into the wholesale B2B market that have been part exchanged by retailcustomers, or purchased directly from them by the Group as part of its online car buying service.Motorpoint's diversified business model, underpinned by its established brand, industry leadingtechnology and sophisticated marketing infrastructure, always delivers the best choice, value and qualityfor customers. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authorityto act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informationmay apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the informationcontained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. Forfurther information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END